NTPC Green Energy IPO subscription started on Tuesday November 19, and will close on November 22 as per the schedule. The price band is ₹102 to ₹108 per share with a face value of ₹10.
NTPC Green Energy IPO Subscription Status
NTPC Green Energy IPO Subscribed over 2.55x on its last day till 05.00 PM on 22nd November.
- NTPC Green Energy IPO subscription QIB investors portion is 3.51x times, while NII subscribed 0.86x times and RII investors subscribed 3.59x times.
- The company has received bids for 1,42,65,50,988 shares against 56,01,58,217 shares on offer on the last day.
- NTPC Green Energy IPO Subscribed over 0.99x on day 2.
- NTPC Green Energy IPO Subscribed over 0.35x on day 1.
About NTPC Green Energy IPO
The largest renewable energy public sector enterprise, NTPC(National Thermal Power Corporation Limited), was incorporated on November 7, 1975. The company’s renewable energy portfolio includes solar and wind power, making it easier to generate clean energy. Additionally, the company aims to develop utility-scale renewable energy projects, and projects for public sector undertakings (“PSUs”) and Indian corporates. As of June 30, 2024, the company has an energy capacity of 14,696 MW, consisting of 2,925 MW from operating projects and 11,771 MW from contracted and awarded projects. Compared to its peers, NTPC has achieved higher EBITDA margins and PTA margins in the last 2 years.
NTPC Green Energy IPO Company Financial Report
The company reported revenue of ₹2037.66 crores in 2024 against ₹170.63 crores in 2023. The company reported a profit of ₹1549.46 crores in 2024 against a profit of ₹118.09 crores in 2023.
NTPC Green Energy IPO GMP:
NTPC Green Energy IPO GMP was ₹1 as of Friday, November 22. That indicates the IPO is trading at ₹109 with ₹1 premium in the grey market against the issue price of ₹108.
